Budget is a genuine whopper

Monday July 17, 2017 Written by Published in Local

The 2017/18 Budget passed in Parliament this week is the biggest-ever, totaling an estimated $273,247,094.

 

After about three weeks of deliberation by MPs on both sides of the House, the “People’s Budget” was passed unanimously on Monday.

The new budget is worth $34,966,808 more than the 2016/17 one.  Ministry outputs (gross operating) dominate payment allocations with an estimate of $113,846,920 – $12,438,182 more than the 2016/17 Budget estimate.

The Education ministry will have the highest allocation of $19,588,429, followed by Finance and Economic Management on $18,583,842 and Health with $14,098,300.

The total ministry, Crown and statutory agencies allocation for 2017/18 is $102,340,829.

A total of $1,750,757 has been allocated to ministerial support.

The Prime Minister’s Office has been allocated $422,049 followed by Finance minister Mark Brown’s office $291,081. The Deputy Prime Minister’s office gets $231,769.

Aitutaki leads the outer islands allocation on $1,649,476 followed by Mangaia $1,618,363 and Atiu on $1,331,029.

A total of $9,755,334 has been allocated for the outer islands in the 2017/18 Budget.

Leave a comment